SAP SE (SAP) Receives Average Rating of “Buy” from Analysts

SAP SE (ETR:SAP) has received an average recommendation of “Buy” from the twenty-five research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, four have given a hold rating and eighteen have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is €95.66 ($106.29).

SAP has been the subject of several research analyst reports. Baader Bank set a €95.00 ($105.56) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, March 21st. J P Morgan Chase & Co set a €95.00 ($105.56) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Tuesday, March 21st. Morgan Stanley set a €94.00 ($104.44) target price on shares of SAP SE and gave the stock a “buy” rating in a research report on Monday, March 20th. Goldman Sachs Group, Inc. (The) set a €110.00 ($122.22) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Thursday, March 16th. Finally, Societe Generale set a €111.00 ($123.33) price objective on shares of SAP SE and gave the company a “buy” rating in a research report on Friday, March 3rd.

Shares of SAP SE (ETR SAP) traded down 0.45% during trading on Tuesday, hitting €95.06. The company’s stock had a trading volume of 1,915 shares. The company has a market cap of €113.98 billion and a PE ratio of 31.79. SAP SE has a 52 week low of €63.00 and a 52 week high of €96.32. The firm’s 50 day moving average price is €94.47 and its 200-day moving average price is €88.55.

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SAP SE Company Profile

SAP SE (SAP) is a software and service provider. The Company offers enterprise application software. The Company operates through two segments: Applications, Technology & Services segment, and the SAP Business Network segment. The Applications, Technology & Services segment is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (primarily support services and various professional services, and support services, as well as implementation services of its software products and education services on the use of its products).

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